Gold has corrected from its all time high -Tradebulls Securities Pvt Ltd
Gold
Gold has corrected from its all time high. Now it has support at 97500 and below that 96000 is next support. On the higher side, 101500 is the next resistance.
Crude Oil
Crude Oil has breached its support of 5700 and now the tone is somewhat bearish. On the downside support emerges around 5450-5300 while 5800 is the resistance.
Base Metals Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Copper looks strong among all base metals.
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Weekly update on Agro Chemicals & Fertilizers by Saurabh Ahire, Research Analyst - PL Capital
